Browsing Tag
Hyve Solutions
2 posts
TD SYNNEX (NYSE: SNX) rebounds only 1% after 10% earnings selloff as AI growth squeezes gross margin
TD SYNNEX smashed third-quarter revenue and earnings expectations, but investors punished the stock because booming AI infrastructure sales are carrying lower gross margins, exposing an uncomfortable trade-off between growth and profitability.
TD SYNNEX revenue jumps 38% as AI infrastructure billings reach $7bn at Hyve
TD SYNNEX delivered record revenue and earnings as data-centre demand surged, but Hyve's rapid expansion is consuming working capital and diluting segment returns.